Tag Archives: money

Politics & Society has just published a thought-provoking special issue titled “Democratizing Finance”. This interesting collection of papers resulted from a workshop organized in July 2018 by the late Erik Olin Wright as part of his inspiring Real Utopias Project. This … Continue reading →

Miss Prism: “Cecily, you will read your Political Economy in my absence. The chapter on the fall of the Rupee you may omit. It is somewhat too sensational. Even these metallic problems have their melodramatic side.” Cecily [Picks up books and throws … Continue reading →

by Rachel Sherman* Most contemporary research on economic inequality focuses on the causes, contours, and consequences of unequal distributions of resources. But how they do such distributions become legitimate? Why do people accept them, and even take them for granted? Why … Continue reading →

by Ariel Wilkis* “Perhaps behind the coin is God.” — Jorge Luis Borges, The Zahir (1949) My book The Moral Power of Money: Morality and Economy in the Life of the Poor (Stanford University Press, 2017) offers a new focus for … Continue reading →

Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. — “The Hardship of Accounting“ by Robert Frost, A Further Range, 1936 *** … Continue reading →

“Money is not a “mere voucher for unspecified utilities”, which could be altered at will without any fundamental effect on the character of the price system as a struggle of man against man. “Money” is, rather, primarily a weapon in … Continue reading →

by Lars Crusefalk* In the book Imagined Futures – Fictional Expectations and Capitalist Dynamics, a leading economic sociologist Jens Beckert argues that social scientists need to put more emphasis on how actors in modern capitalistic societies handle uncertainty in relation to … Continue reading →

“Money”, by Philip Larkin Quarterly, is it, money reproaches me: ‘Why do you let me lie here wastefully? I am all you never had of goods and sex. You could get them still by writing a few cheques.’ So … Continue reading →

by André Vereta Nahoum Since the days economics was basically a British endeavour, the production of value (and price formation) has been one of the most fiercely debated topics of the discipline. Such is the centrality of the issue at stake … Continue reading →

We are very glad to roll out a new section on the Economic Sociology and Political Economy community blog: Songs of Society and Market. Given the centrality of economic transactions to our lives, it is no surprise that they constitute a common motive … Continue reading →

Jean Baudrillard: “There is something much more shattering than inflation, however, and that is the mass of floating money whirling about the Earth in an orbital rondo. Money is now the only genuine artificial satellite. A pure artifact, it enjoys … Continue reading →

Norman O. Brown, a brilliant American scholar and social philosopher: “The alienated consciousness is correlative with a money economy. Its root is the compulsion to work. This compulsion to work subordinates man to things, producing at the same time confusion in the valuation of … Continue reading →

These are Thomas Piketty’s last words in his ground-shaking Capital in the Twenty-First Century. The Economic Sociology and Political Economy global community proudly realizes their prescriptive meaning: “All social scientists, all journalists and commentators, all activists in the unions and in politics of … Continue reading →